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BrokersView has found that Clone Purple Trading appears to be a scam The platform claims to be authorized by the Cyprus Securities and Exchange Commission(CySEC) and the Seychelles Financial Services Authority (FSA). However, our search of the official CySEC and Seychelles FSA licensee register found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading. Meanwhile, we discovered that this website's brand name and logo appear to be stolen from Purple Trading, a brokerage firm regulated by CySEC, further suggesting that it may be a fraudulent brokerage platform.
